ILLINOIS SYMPHONY ORCHESTRA ENDOWM… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

DENNIS STEELE

Phone

2175222838

Tax Period

2022-07-01 to 2023-06-30

ILLINOIS SYMPHONY ORCHESTRA ENDOWMENT FUND INC, founded in 2003, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $12K in total revenue in fiscal year 2022. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $56K exceeded revenue, resulting in a 353% operating deficit.

Mission

TO PROVIDE SUPPORT TO ILLINOIS SYMPHONY ORCHESTRA, INC. IN ORDER TO FURTHER ITS EXEMPT PURPOSE

Program Service Accomplishments

Program 1

Expenses: $47,900

CONTRIBUTED TO ILLINOIS SYMPHONY ORCHESTRA, INC. IN ORDER TO FURTHER ITS EXEMPT PURPOSE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $12,303

Other Revenue $0

TOTAL REVENUE $12,303

Expense Breakdown

Grants Paid $47,900

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,900

Other Expenses $7,829

TOTAL EXPENSES $55,729

Year-over-Year Comparison

	2022	2021	Change
Revenue	$12,303	$130,402	-0.9%
Expenses	$55,729	$45,922	+0.2%
Net Income	$-43,426	$84,480	-1.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS STEELE	PRESIDENT	0.50	Officer Director	$0	$0	$0
CAROLE RINGER	SEC./TREASURER	0.50	Officer Director	$0	$0	$0
RICHARD CHEANEY	BOARD MEMBER	0.50	Director	$0	$0	$0
KATHRYN RANSOM	BOARD MEMBER	0.50	Director	$0	$0	$0
MILT SEES	BOARD MEMBER	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$12,303	$55,729	$1,155,432	$-43,426
2022	$130,402	$45,922	$1,133,504	$84,480
2021	$73,122	$44,545	$1,334,822	$28,577
2020	$134,128	$32,570	$1,054,816	$101,558
2019	$35,907	$28,829	$1,063,951	$7,078
2018	$566,277	$26,117	$1,034,000	$540,160

ILLINOIS SYMPHONY ORCHESTRA ENDOWMENT FUND INC